Good timing with the US$1 Trillion infrastructure bill getting close to finalisation. Be silly not to participate.
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Good timing with the US$1 Trillion infrastructure bill getting close to finalisation. Be silly not to participate.
Here's a link to the nitty gritty investor update behind the recent cap raise.
What's not to like!?
(my only issue is IKE already accounts for 18% of my portfolio.)
Do you think they have set aside enough shares for the retail offer? I just want to apply for enough to avoid being diluted, from the information so far I will need to apply for 16.8% of my existing holding. But it looks like I might need to apply for more than that in anticipation of scaling if the retail pool is too small.
Anyone's guess what you'll be allocated. Could be as low as 20%. However you can still buy more on the market on any dips after the cap raise.
There is that........
In general I'm not a fan of either dilution or the uncertainty of allocations. However, in this case, this 'ordinary shareholder' is already 'overweight' so not a great concern personally - especially when I see the potential ahead.
As always DYOR and take responsibility for your own decisions.